| January 01, 2009 |  |
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Peace and calm for 2009, but not economic recovery: soothsayers Hong Kong (AFP) Dec 31, 2008 
The world can look forward to peace and harmony in 2009, but Chinese soothsayers warned that the road to economic recovery will be long. The Year of the Rat, marked by an unprecedented, global financial crisis, will give way to a much more stable Year of the Ox, Chinese astrologists and feng shui masters predicted. "The soil represents a garden or a green field, a feng shui symbol for ha ... read moreSlovakia closes nuclear reactor unit to comply with EU rules 
Bratislava (AFP) Dec 31, 2008Slovakia on Wednesday shut down the last unit of Jaslovske Bohunice nuclear plant, meeting a commitment it made to Brussels that paved the way for its 2004 entry in European Union. "Slovakia can now say that we have met our commitment to the EU," Economy Minister Lubomir Jahnatek told reporters gathered at the plant. "The VI unit started to lower its output shortly after the noon and wil ... more
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Vestas lands large wind turbine contracts in China
Copenhagen (AFP) Dec 31, 2008Vestas Wind Systems, the world's largest wind energy group, said Wednesday it had received Chinese orders for turbines with a total capacity of 100 megawatts, just two days after it announced a similar-sized contract in China. "Vestas has received another two orders with a total capacity of 100 MW to be delivered to two wind power projects in China," the Danish company said in a statement. ... more Dell reorganizes, shakes up top management 
Washington (AFP) Dec 31, 2008US personal computer giant Dell Inc. announced a major reorganization of its operations on Wednesday and the departure of two top executives. Dell said that instead of regionally it will now organize globally around four major customer segments -- large enterprise, public sector, small and medium businesses and consumer products. Dell, which has been hard-hit by the economic slowdown and ... more Analysis: Lat Am energy markets reeling 
Miami (UPI) Dec 30, 2008 Latin America's petroleum-producing nations had their dreams of windfall riches dashed when record-high oil prices in 2008 plummeted to their current levels. With a barrel of oil approaching $30 -- down from a high of around $150 just a few months ago - countries like Venezuela, whose budget demands depend heavily on high oil prices, were forced to slash budgets and prepare for financ ... more  |
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Some Climate Impacts Happening Faster Than Anticipated
San Francisco CA (SPX) Dec 30, 2008A report released today at the annual meeting of the American Geophysical Union provides new insights on the potential for abrupt climate change and the effects it could have on the United States, identifying key concerns that include faster-than-expected loss of sea ice, rising sea levels and a possibly permanent state of drought in the American Southwest. The analysis is one of 21 of its ... more Natural disasters killed over 220,000 in 2008: reinsurer 
Berlin (AFP) Dec 29, 2008Natural disasters killed over 220,000 people in 2008, making it one of the most devastating years on record and underlining the need for a global climate deal, the world's number two reinsurer said Monday. Although the number of natural disasters was lower than in 2007, the catastrophes that occurred proved to be more destructive in terms of the number of victims and the financial cost of th ... more Avalanches kill at least six in Canada 
Montreal (AFP) Dec 29, 2008Canadian police said Monday they found the lifeless bodies of six snowmobilers who disappeared in avalanches in the Canadian Rocky Mountains over the weekend. Two other snowmobilers however were still missing, Royal Canadian Mounted Police (RCMP) Sergeant Chris Faulkner told reporters. The eight men went missing late Sunday after two avalanches struck on a mountain 40 kilometers south of ... more Walker's World: Will the crisis end in 09? 
London (UPI) Dec 29, 2008 The cheerful lesson from London's post-Christmas sales is that there is still money about -- if the price is right. The giant Selfridge's department store on Oxford Street saw 10,000 shoppers an hour streaming in, hunting the widely advertised price cuts of up to 75 percent. The John Lewis group claimed to have had its best-ever day for sales. These shafts of light come amid a series of ... more |
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